The Industrial World. Chelyabinsk Tube Rolling Plant Collection Exhibition will open in Moscow’s Multimedia Art Museum (MAMM) on September 15. The exhibition features works by Soviet artists active in the twenties to the eighties and works by two contemporary artists; the genre is industrial photography and art installations. The exhibition is coordinated by the museum and ChTPZ Group in celebration of the plant’s 75th anniversary. This is the first time exhibits from the plant’s company collection (over 450 canvases and graphic art items) will be presented to the general public. The

UrBC, Magnitogorsk, September 15, 2017. 40% of goods supplied by Magnitogorsk Iron & Steel Works (MMK) onto domestic market last year were actually supplied to metal service centers; in 2015, the figure was 32%, MMK Information, PR & Advertising Department reports. This increase had to do with greater use of IT technologies in the sales process, says MMK Regional Sales Group manager Alexander Margishvili, who spoke at the 8th All-Russian Metal Service Conference in Novosibirsk on September 14. ‘MMK’s rolled metal goods mainly get processed by companies based in the nearby Urals and

UrBC, Magnitogorsk, September 15, 2017. Magnitogorsk Iron & Steel Works (MMK) decided to direct money to planting trees and shrubs around seventy schools and kindergartens in Magnitogorsk, MMK Information, PR & Advertising Department reports. ‘This is one of the Year of the Environment initiatives that is carried out in cooperation with the town council. Our Environmental Protection and Environmental Control Department drew up a list of schools and pre-school establishments that need more green. These are mostly Chelyabinsk Region-based schools on our last year’s program, which

UrBC, Yekaterinburg, September 15, 2017. Russia’s Federal Tax Service’s Sverdlovsk Region division carried a preliminary report on the tax return campaign 2017. According to the division, 323,000 tax forms were submitted to the fiscal authorities by private individuals in the seven months of 2017. 22,000 taxpayers submitted tax forms stating yearly income of 1m RUR or more; this was 14% more than one year earlier. 21,000 people declared yearly income of 1m RUR to 10m RUR (up 14%), 705 people declared yearly income on 10m RUR to 100m RUR range, 89 people in the 100m RUR to 500m RUR range, 11

UrBC, Yekaterinburg, September 14, 2017. Standard & Poor’s promoted the Ural Bank for Reconstruction & Development’s rating outlook to Stable. The bank’s long-term and short-term credit ratings were affirmed at B-/B, the bank’s press service reports. The rating adjustment was brought about by improvements in the bank’s financial performance indicators, mostly the ones relating to the bank’s retail loan book, and the ongoing stable performance of the bank’s corporate loan book. S&P analysts expect the bank’s business solvency to remain essentially the same in the next year, as the

UrBC, Yekaterinburg, September 14, 2017. Two new workout sites opened in Yekaterinburg’s Zheleznodorozhny District thanks to two charity funds: Obschestvo Malysheva 73 and the Anton Shipulin Foundation. According to Obschestvo Malysheva 73’s press service, the workout site in Sem Klyuchey Park was opened in the course of a special solemn ceremony, and then the other one in a small park in Pekhotintsev St got an opening ceremony as well. Both sites are located in green areas, but no tree or plant was damaged during the construction process. The Olympics champion in biathlon Anton Shipulin,

UrBC, Yekaterinburg, September 14, 2017. Ural Airlines are launching a direct flight from Moscow to Namangan starting September 15, 2017, the air carrier’s press service reports. Flights will be operated on Airbus 320 liners every Friday (departure from Moscow’s Domodedovo Airport: 12:30 AM, arrival in Namangan: 6:35 AM). Prices start from 12,500 RUR (one way). ‘Namangan is Uzbekistan’s second biggest city, outstripped only by Tashkent. It is the center of Namangan Region. The city is famous for its ancient history, for example, for the ruins of Aksikent, a historic pre-Mongolian town. The

UrBC, Yekaterinburg, September 14, 2017. MegaFon is presenting the public its new market positioning strategy. The goal is to show the telecommunications provider’s transformation into a new opportunities operator. Changes will involve all advertising communication channels, the company press service says. ‘This May, MegaFon presented its new strategy based on our new mission: Providing Opportunities. The goal is to become our customer’s best choice and a reliable partner that provides what is needed when it is needed. MegaFon has embarked on a large-scale transformation process with a focus

UrBC, Yekaterinburg, September 14, 2017. 25,700 potentially bankrupt individuals are based in Sverdlovsk Region as of the first half of the year, analysts say. This comes to 1.6% of all borrowers with local banks, United Credit Bureau’s press service says. Analysts say private individuals who owe banks over 500,000 RUR and haven’t been repaying their debt for ninety days or longer are seen as potentially bankrupt under the current personal bankruptcy legislation. Sverdlovsk Region is currently among the Russian territories with the greatest number of potential bankrupts, in absolute terms.

UrBC, Yekaterinburg, September 13, 2017. EVRAZ ZSMK’s Zapadno-Sibirskaya Thermal Power Station’s team won the All-Russian Cross-Connection Power Station Workers’ Contest, EVRAZ Holding Siberia’s Corporate Relations Center reports. EVRAZ power engineers came second in the team contest, while the station’s Thermal Units & Measuring Equipment Repair Department’s Senior Engineer Vladislav Kotvitsky proved the Best Engineer. ‘Six teams from Russia’s leading power enterprises took part in the contest. They had four days to complete seven competition stages, that is, to prove their knowledge of

UrBC, Yekaterinburg, September 13, 2017. URBD Finance Group came up with a performance report for the first half the year; the report was drawn up in accordance with the International Accounting Standards and showed improvements in all the primary parameters, the bank’s press service reports. The bank directed 54% less money to reserve funds in the first half of the year (the figure went down from 6.2bn RUR in the first half of 2016 to 2.8bn RUR in the first half of 2017). The reserve to assets ratio reached 3.6% in late June 2017, which was two times less than in the second quarter of 2016.

UrBC, Chelyabinsk, September 13, 2017. A number of unidentified offenders entered the private premises of Russian Copper Company’s Tominsky Ore Mining & Processing Enterprise in Sosnovsky District, Chelyabinsk Region, around 1 AM on September 11, 2017, the company press service reports. Using a bottle filled with incendiary oil on a pile of timber, these people conducted an arson attack, causing a fire that could have turned into a serious forest fire emergency. Law-enforcement officers arrived at the scene of the crime and detained one of the perpetrators, who had an entrenching shovel

UrBC, Yekaterinburg, September 13, 2017. The Ural Bank for Reconstruction & Development (UBRD) expanded the range of e-banking services available to businesses, the bank’s press service reports. Companies can now apply for and get express bank guarantees needed to take part in government auctions remotely, using their Internet banking options or DiaDoc, an electronic paper flow system. ‘Introducing more new e-banking services is something we need to do in order to keep up with the times. As many as 74% of Russian businesses are using Internet banking this year, compared with around 60%

UrBC, Chelyabinsk, September 13, 2017. The final rounds of Russian Copper Company’s amateur workout championship were held in Chelyabinsk last week. People’s Championship ended at Yelesina Sports Facility on September 10, the company press service reports. Over a hundred athletes from Chelyabinsk, Kyshtym, Karabash, Korkino, Pervomayskiy, Kopeysk, Magnitogorsk, Yemanzhelinsk, and other Southern Urals’ towns took part in the final round of the event. All the contestants are winners of the championship’s selection rounds that took place at Russian Copper Company’s workout sites in Chelyabinsk,

UrBC, Yekaterinburg, September 12, 2017. Zhukovsky International Airport and Ural Airlines are now offering their customers a new flight from Zhukovsky to Rome and back, the air carrier’s press service reports. The airline’s first such flight arrived at Zhukovsky Airport at 6 PM (Moscow time) on September 8, 2017. ‘A solemn water-arch ceremony was performed for Ural Airline’s opening flight, as is the airport’s custom. At the terminal, warmest welcomes, a cake, and some refreshments were all in store for all the passengers and crew. The airport’s top managers, a tourist agent’s

UrBC, Yekaterinburg, September 12, 2017. A new geo-steering unit VLD-1000 was recently launched at EVRAZ Raspadskaya Coal Company’s Yerunakovskaya 8 Mine, EVRAZ Holding Siberia’s press service reports. The new unit is expected to make underground work safer and more efficient. ‘Geo-steering is a new, advanced gas-removal technology. It helps to filter methane from large-size coal beds, with increased depth and amount of gas extracted. To make sure our miners can keep up with their current coal output, all excess gas needs to be removed from the coal bed prior to start of the mining jobs. The

UrBC, Magnitogorsk, September 12, 2017. Magnitogorsk Iron & Steel Works Group’s MMK Trading House sold 840,000,000 kg of goods in the eight months of 2017, which exceeded the figures for one year earlier by 14%, MMK Information & PR Department reports. The company set a new sales record in August, with over 145,000,000 kg of metal goods, rolled metal goods, and section-shaped goods shipped to customers in the course of one month. Warehouse sales also rose due to improved logistics and increased end-customer shipments. The company division in Schelkovo, Moscow Region, makes profiled

UrBC, Yekaterinburg, September 12, 2017. Russian Copper Company’s Novgorod Metallurgical Plant in Velikiy Novgorod recently bought a new Linde fork lift, the company press service reports. ‘Linde H-50-80 (capacity: 4,500 kg) has a hydrostatic system to ensure enhanced productivity, decreased fuel spending, and low maintenance costs. The design of the fork lift, its comfortable operator cabin, and operation ease all make it very safe and ensure less tiresome working conditions for the vehicle operator,’ the press service says. The new appliance cost 4.5m RUR. The fork lift has already been

UrBC, Yekaterinburg, September 12, 2017. The Ural Bank for Reconstruction & Development (UBRD) reduced interest rates on loans and improved lending terms offered to small businesses, the bank’s press service reports. The interest rate on Business Privilege Loan (with any liquid assets such as real estate, automobiles, and goods as security) currently comes to 12.5% a year. In addition to this, express loans issued with real estate as security were extended to 5m RUR rather than 3m RUR, while the loan period was extended to five years rather than three. Both the property you currently own

UrBC, Yekaterinburg, September 11, 2017. The Ural Bank for Reconstruction & Development (UBRD) joined the Central Bank of Russia’s All-Russian Financial Literacy Days for Schools Program, the bank’s press service reports. The first budgeting classes were given to students of Bashkortostan’s schools on September 7. UBRD experts coordinated open-to-all workshops on handling money at Ufa’s Education Center 76 and Salavat’s School 4. Similar classes will soon be given at schools at other cities where the bank runs its offices and branches. ‘As is well known, quite a few habits, including